Supporting the EU's carbon neutrality target, Total commits to become a
Through a joint statement developed between
Three major steps to get Total to Net Zero are:
Net Zero across Total's worldwide operations by 2050 or sooner (scope 1+2);
Net Zero across all its production and energy products used by its customers in
60 percent or more reduction in the average carbon intensity of energy products used worldwide by Total customers by 2050.
"As the EU has set the target to achieve net zero emissions by 2050 and thereby lead the way for other regions to become carbon neutral over time, Total takes that commitment to become neutral for all its businesses in
Total confirms its target of a renewable generation gross capacity of 25 GW in 2025. Total currently allocates more than 10 percent of its Capex to low carbon electricity, the highest level among the Majors. To actively contribute to the energy transition, Total will further increase its allocation of Capex in favor of low carbon electricity to 20 percent by 2030 or sooner.
Total and the
Absheron field is one of the biggest gas condensate fields in
© Pakistan Press International, source